MG Funds Private Limited
About MG Funds Private Limited
Data last updated:
MG Funds Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2016PTC093815. Its GSTIN is 29AAKCM3614M1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.72 Lakh. It is led by directors including Mark Christopher Johnson and Margaret Lynne Lunel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at # 276 Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# 276 Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryFinancial Services, Financial Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of MG Funds Private Limited
The main business activity of MG Funds is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MG Funds Private Limited FY 2021 filings available
Financial Statement Summary of MG Funds Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of MG Funds Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MG Funds are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of MG Funds Private Limited
MG Funds Private Limited is audited by VSPV & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VSPV & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MG Funds Private Limited
MG Funds has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathias Reinhold Giebken | Nominee Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Mark Christopher Johnson | Director | 02 Jun 2016 | 10 Years 4 Months | Current |
| Margaret Lynne Lunel Also directs: Arccamax India Private Limited | Director | 02 Jun 2016 | 10 Years 4 Months | Current |
| Christopher Leslie Johnson | Director | 02 Jun 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of MG Funds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MG Funds Private Limited
MG Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MG Funds Private Limited
Employment history and EPFO contributions of people linked to MG Funds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MG Funds Private Limited
MG Funds Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Cyrus Dinshaw Khambata ceased to be Director on 31 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for MG Funds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MG Funds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MG Funds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MG Funds Private Limited
MG Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM3614M1Z1 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MG Funds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MG Funds Private Limited
MG Funds is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 June 2016 (10+ years old) and is registered under CIN U67190KA2016PTC093815.
MG Funds has 4 current directors:
- Mathias Reinhold Giebken - Nominee Director
- Mark Christopher Johnson - Director
- Margaret Lynne Lunel - Director
- Christopher Leslie Johnson - Director
The GSTIN of MG Funds is 29AAKCM3614M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of MG Funds is U67190KA2016PTC093815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Funds was incorporated on 02 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Cyrus Dinshaw Khambata ceased to be Director on 31 Mar 2020. Mathias Reinhold Giebken was appointed as Nominee Director on 01 Dec 2017. Christopher Leslie Johnson was appointed as Director on 02 Jun 2016. MG Funds has 5 board changes on record in total.
The registered office of MG Funds is at # 276 Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066.
MG Funds has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.72 Lakh.
MG Funds operates in the financial services industry, in the financial activities segment.
No. MG Funds is not listed on any stock exchange. It is an unlisted company.